Sallie Mae Slap on the Wrist Doesn’t Go Far Enough

This week the Department of Justice levied a $97 million fine against the student debt servicing giant Sallie Mae. The findings of the DOJ’s long investigation revealed a host of bad practices and illegal behaviors at the company, including overcharging on nearly all military service members’ loans, and mishandling borrowers’ payments to maximize late feesContinue reading “Sallie Mae Slap on the Wrist Doesn’t Go Far Enough”